Is KORXKR21 a valid SWIFT code?

Yes, KORXKR21 is a valid 8-character SWIFT/BIC code: bank code KORX, country KR, location 21, branch XXX. Always confirm with the receiving bank before sending a transfer.

What do I need besides the SWIFT code for an international transfer?

Typically the recipient's full name and address, their account number or IBAN, the bank's name and address, and the SWIFT/BIC code KORXKR21. Some countries also require a purpose-of-payment code.

KORXKR21 - Korea Exchange SWIFT Code, Busan, South Korea

Q: What bank uses SWIFT code KORXKR21?

KORXKR21 is the SWIFT/BIC code of Korea Exchange located in Busan, South Korea.

About SWIFT Code KORXKR21

KORXKR21 identifies Korea Exchange in Busan, South Korea, on the international SWIFT network. The code breaks down as: bank code KORX, country KR, location 21, and branch XXX (head office).

Use this code when receiving or sending an international wire transfer to Korea Exchange. You will usually also need the recipient's account number or IBAN. Learn how SWIFT codes work →

Always confirm the SWIFT code with the receiving bank before transferring money - codes can change and branch codes vary by account type.

Frequently Asked Questions

What bank uses SWIFT code KORXKR21?

KORXKR21 belongs to Korea Exchange in Busan, South Korea.

Is KORXKR21 valid for international transfers?

Yes - it's a valid 8-character BIC. Pair it with the recipient's account number or IBAN, and confirm with the bank before wiring money.

What's the difference between an 8 and 11 character code?

8-character codes identify the bank's head office; 11-character codes add a 3-character branch identifier. If no branch code is given, "XXX" (head office) is assumed.

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